Financial Services Risk Consulting, Sector Compliance - Senior

Primary location for this role is in CA.

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!

The opportunity

The Regulatory Compliance Team focuses on services to financial organizations, such as Global Financial Technology companies, community and regional banks, digital assets companies, and banking as a service sponsor banks that address FRB, OCC, FDIC, state banking regulators and other regulatory requirements for banking, money transmitter, Bit License, and trust compliance. This includes solutions such as: 

• Compliance program assessment 
• Compliance program design and implementation assistance 
• Compliance program remediation
• Development of compliance policies and procedures 
• Compliance program testing 
• Regulatory inquiry assistance 
• Regulatory examination readiness
• License/Charter Application Support
• Regulatory Applicability Assessment

Our team focuses on innovative financial services topics such as embedded finance, banking as a service, and digital assets.

As a Senior Manager in Governance Risk and Compliance with a focus on Enterprise Risk Management, you will be at the forefront of shaping our organization's risk framework. Your role will integrate aspects of risk management, governance, data, technology, security, and fraud prevention, ensuring they align with regulations and governance structures. You will be pivotal in driving revenue generation through risk-focused strategies and will have the opportunity to advise board members, enhancing governance at the highest level.

Your key responsibilities

In this role, you will be responsible for conducting thorough assessments and analyses, collaborating with forensic experts to strengthen governance and proactive fraud controls. You will lead complex technical initiatives, drive quality and risk control, and innovate within your field. With autonomy to operationalize your expertise, you will guide team members and resolve intricate challenges. You will actively participate in client sessions, identify sales opportunities, and lead RFP responses. Travel requirements will be based on client needs, and you will manage engagement economics, resource planning, and budgeting for projects. Your analytical skills will be put to the test as you develop innovative solutions and potentially enact policy changes.

Skills and attributes for success

As a Senior you will be challenged with helping our clients manage risk and solve complex global regulatory issues. Through a broad scope of engagements, mentoring, and formal learning you will develop your career and work with colleagues to analyze our client’s challenges and create effective solutions. You will work with EY’s senior leaders to understand project approaches, develop client-delivered material, contribute to business development activities and research emerging issues in the financial services industry.   To excel in this role, you'll need to demonstrate leadership, provide deep insights through analysis, and solve complex problems. You should also have:

• Demonstrated ability in Compliance Management Software and Enterprise Risk Strategy Optimization
• Strong business acumen, including Relationship Management and Negotiation Skills
• Learning agility and digital fluency
• Ability to balance independent work with teamwork, providing direction and feedback to others
• Staying abreast of timely regulatory and risk management updates while understanding clients’ unique challenges within their businesses. Collaborating with colleagues and leadership
• Managing and deliver outstanding work products
• Self-starter and naturally inquisitive, with a strong ability to research and think through challenging questions

To qualify for the role, you must have

• A minimum Bachelor’s degree (MBA/MS preferred) in finance, economics, accounting, engineering or a related discipline
• 3+ years of relevant experience
• Knowledge of financial services compliance practices, including the CMS, AML and Sanctions, or enterprise risk frameworks as disseminated by the federal and state regulatory bodies 
• A valid driver's license and passport required; willingness and ability to travel up to 10%
• Compliance Management Software
• Critical Evaluation
• Enterprise Risk Strategy Optimization
• ESG-Erm Integration
• Financial Service Capabilities
• Impact Assessment
• Impact Measurement
• Organizational Control Model Design
• Policy and procedure implementation and control
• Response Planning
• Risk Identification
• Stakeholder Management
• Building and Managing Relationships
• Client Trust and Value
• Commercial Astuteness
• Communicating With Impact
• Complex Problem-Solving
• Critical Thinking
• Digital Fluency
• Driving Outcomes
• Global Mindset
• Hybrid Collaboration
• Leading Teams
• Learning Agility
• Managing Change
• Negotiation and Influencing
• Sector Knowledge
• Sustainability

Ideally, you’ll also have

• A strong understanding of global regulatory environments and the ability to navigate and advise on complex regulatory issues.
• Experience working at or with FinTech’s or banking as a service sponsor banks
• Relevant experience with the federal or state banking regulators is a plus 
• Experience with the design, development and implementation of internal controls for financial services business processes is a plus 
• Strong written and verbal communication skills for report writing and client presentations 
• Analytical skills: specifically, the ability to assess and decompose financial services industry processes utilizing a risk and control focus 
• Prior consulting experience preferred along with effective leadership, project management, and teamwork skills 
• Experience in leading digital transformation initiatives within risk management functions.
• Proven ability to build and maintain strong client relationships, delivering client-centric solutions.
• A track record of mentoring and developing junior team members and contributing to the growth of the practice.

What we look for

We seek top performers who demonstrate a blend of analytical prowess and creative problem-solving. Candidates should possess a strong sense of ownership, a collaborative spirit, and the ability to inspire trust and confidence in both clients and team members.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.